Africa News and Articles

The regulators of the Central African Republic (CAR) may follow El Salvador’s policy of accepting BTC as a legal tender. Recently, the country has legalized the use of cryptos in the financial markets. Justin Gourna Zacko, the Minister of Digital Economy, Post and Telecommunications introduced...

Recently, the popular cryptocurrency exchange KuCoin published its financial report for 2021. The document aroused great interest among analysts and the media, who, among other things, drew attention to a significant increase in crypto transactions from African users. The report of the exchange...

Data from Chanalysis show that the crypto industry of Africa is making progress at a fast pace. In the previous year, received crypto has gone up by more than 1200%. From July 2020 to June 2021, African countries got about $105.6 B worth of crypto in total. The surge is notable, especially...

On April 20, Input Output, the firm that founded the Cardano blockchain, shared the news of cooperation with countries of Africa and starting the Cardano Africa program. The latest partnership was built between Tanzania and IOG to improve mobile internet quality, digital verification and the...

For a long time, Latin America led the ranking of regions in terms of the scale of bitcoin trade. Investments in BTC through LocalBitcoins and Paxful have been rising in Venezuela, Argentina, and various countries in the region over the past two years. Still, now the leader position in this rating...

American rapper Akon unveiled white paper of his own digital currency Akoin, designed for entrepreneurs in a growing economy in Africa and beyond. The coin is a Stellar blockchain utility token designed for atomic swaps between cryptocoins, digital assets and fiat. Users will be able to store...

The international brewing company AB InBev will use blockchain to work with farmers from Africa who supply raw materials. Due to the lack of developed banking infrastructure in the country, local farmers face difficulties in obtaining tax benefits. Thanks to the new blockchain solution developed by...